PowerShares India Portfolio (PIN)

Investment Objective

The investment seeks results that generally correspond (before fees and expenses) to the price and yield of the Indus India Index.
The fund invests substantially all of its assets in a wholly-owned subsidiary located in the Republic of Mauritius, which in turn invests at least 90% of its total assets in securities of Indian companies that comprise the underlying index, as well as American depositary receipts and global depositary receipts based on the securities in the underlying index. It generally invests in all of the securities comprising the underlying index in proportion to their weightings in the underlying index. The fund is non-diversified.